NOT LISTED FOR SALE

3301 Thomas Ave N Minneapolis, MN 55412

Cleveland Neighborhood

Estimated Value: $323,000 - $470,000

3 Beds
2 Baths
2,376 Sq Ft
$174/Sq Ft Est. Value

Last Sold July 10, 2014

Last sale price $56,500 $24 Per Sq Ft

Est. 631% increase in value since last sale

Current estimated payment $2,736/month

73 Days on Market

About This Home

As of July 2014

Triplex in the heart of Minneapolis! Over 2300 sq Ft between the 3 units. Two 1 bed/1bath units, one 2 bed/1 bath unit. Great investment opportunity with tons of income potential! Needs work but will be worth it! Don't Miss out!

Last Agent to Sell the Property

Jason Stockwell

RE/MAX Results Listed on: 03/16/2014

Last Buyer's Agent

Ross Lumley

RE/MAX Advantage Plus

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x128

Parking

  • 2 Car Garage

Home Design

  • Stucco Exterior

Interior Spaces

  • 2,376 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessment Balance: 242
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 08/25/2014
  • Stories: 2 Story
  • Taxes With Assessments: 1942
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Unfinished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2376
  • Total Fin Square Footage: 2376

Exterior Features

  • Exterior: Stucco

Garage/Parking

  • Number Garage Spaces: 2

Utilities

  • Heat: Baseboard

Schools

  • School District: Minneapolis #1

Lot Info

  • Estimated Lot Dimensions: 40x128

Building Info

  • Year Built: 1922

Multi Family

  • Total Units Available: 3

Tax Info

  • Year: 2013
  • Tax Value: 1700

MLS Schools

  • School District: Minneapolis #1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2022
Sold by
Hedtke Nathan H and Hedtke Jessica
Bought by
Nathan H Hedtke Trust
Current Estimated Value
$412,845

Purchase Details

Closed on
Oct 31, 2016
Sold by
2100 Grand Ave S Llc
Bought by
Hedtke Nathan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,900
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2014
Closed on
Jun 18, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
2100 Grand Ave S Llc
Seller's Agent
Jason Stockwell
RE/MAX Results
Buyer's Agent
Ross Lumley
RE/MAX Advantage Plus
List Price
$97,900
Sold Price
$56,500
Premium/Discount to List
-$41,400
-42.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.39%

Purchase Details

Closed on
May 10, 2013
Sold by
Slaughter Jimothy R
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 21, 1997
Sold by
Johnson Virgil A and Johnson Laurelyn
Bought by
Slaughter Timothy Royce
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nathan H Hedtke Trust $500 None Listed On Document
Hedtke Nathan H $254,900 Trademark Title Services Inc
2100 Grand Ave S Llc $56,500 Servicelink
Deutsche Bank National Trust Company $199,725 None Available
Slaughter Timothy Royce $94,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hedtke Nathan H $203,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2014 07/10/14 Sold $56,500 -42.3% $24 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
03/16/2014 03/16/14 For Sale $97,900 -- $41 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,571 $363,000 $32,000 $331,000
2023 $5,238 $330,000 $32,000 $298,000
2022 $5,116 $314,000 $18,000 $296,000
2021 $4,940 $303,500 $10,000 $293,500
2020 $4,431 $303,500 $12,300 $291,200
2019 $4,138 $253,000 $8,200 $244,800
2018 $3,363 $230,000 $8,200 $221,800
2017 $2,994 $161,500 $7,500 $154,000
2016 $2,761 $144,500 $7,500 $137,000
2015 $3,742 $125,500 $7,500 $118,000
2014 -- $119,000 $10,200 $108,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jason Stockwell

    RE/MAX

  • R

    Buyer's Agent in 2014

    Ross Lumley

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4588882

REALTOR® Association of Southern Minnesota

APN: 08-029-24-13-0062

Minnesota Hennepin County Minneapolis 55412 Cleveland

3301 Thomas Ave N, Minneapolis, MN

This home is located at 3301 Thomas Ave N, Minneapolis, MN 55412 since 16 March 2014 and is currently estimated at $412,845, approximately $173 per square foot. This property was built in 1922. 3301 Thomas Ave N is a home located in Hennepin County with nearby schools including Lucy Craft Laney at Cleveland Park Community School, Olson Middle School, and Loveworks Academy for Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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